Tag: $2.5bn lost monthly to oil production – NECA

  • $2.5bn lost monthly to oil production – NECA

    $2.5bn lost monthly to oil production – NECA

    —

    by

    Starnews NG
    in

    The Nigeria Employers’ Consultative Association has stated that the country has been losing about $2.5bn monthly for failing to meet the 1.8m barrel per day crude oil production allocation by the Organisation of Petroleum Exporting Countries. In a statement, the Director-General of NECA, Adewale-Smatt Oyerinde, claimed that though the country’s crude oil production grew by…